Estate Planning

This article is a section taken from MA for People Who Are Age 65 or Older or People Who Are Blind or Have a Disability (MA-ABD), a part of the revisions and additions to the Minnesota Health Care Program Eligibility Policy Manual. Asset Limit The asset limit for MA-ABD is based on household size. The asset…

This article is a section taken from MA for People Who Are Age 65 or Older or People Who Are Blind or Have a Disability (MA-ABD), a part of the revisions and additions to the Minnesota Health Care Program Eligibility Policy Manual. Asset Deeming To deem assets is to count one person’s assets in the calculation…

This article is a section taken from MA for People Who Are Age 65 or Older or People Who Are Blind or Have a Disability (MA-ABD), a part of the revisions and additions to the Minnesota Health Care Program Eligibility Policy Manual. Sponsor Asset Deeming Sponsor deeming rules apply to noncitizens who are sponsored by an…

This article is a section taken from MA for People Who Are Age 65 or Older or People Who Are Blind or Have a Disability (MA-ABD), a part of the revisions and additions to the Minnesota Health Care Program Eligibility Policy Manual. Countable Assets Assets not specifically excluded are considered countable assets. Countable assets must be…

This article is a section taken from MA for People Who Are Age 65 or Older or People Who Are Blind or Have a Disability (MA-ABD), a part of the revisions and additions to the Minnesota Health Care Program Eligibility Policy Manual. Availability of Countable Assets Assets are available if the owner has both the legal…

This article is a section taken from MA for People Who Are Age 65 or Older or People Who Are Blind or Have a Disability (MA-ABD), a part of the revisions and additions to the Minnesota Health Care Program Eligibility Policy Manual. Shared Ownership A person may be the sole owner of real or personal property…

This article is a section taken from MA for People Who Are Age 65 or Older or People Who Are Blind or Have a Disability (MA-ABD), a part of the revisions and additions to the Minnesota Health Care Program Eligibility Policy Manual. Unknown Assets A person may be unaware of their ownership of an asset. If…

This article is a section taken from MA for People Who Are Age 65 or Older or People Who Are Blind or Have a Disability (MA-ABD), a part of the revisions and additions to the Minnesota Health Care Program Eligibility Policy Manual. Excess Assets A person with one of the bases of eligibility for Medical Assistance…

This article is a section taken from MA for People Who Are Age 65 or Older or People Who Are Blind or Have a Disability (MA-ABD), a part of the revisions and additions to the Minnesota Health Care Program Eligibility Policy Manual. Life Estates and Remainder Interests A life estate is an ownership interest in real…

This article is a section taken from MA for People Who Are Age 65 or Older or People Who Are Blind or Have a Disability (MA-ABD), a part of the revisions and additions to the Minnesota Health Care Program Eligibility Policy Manual. Liquid Assets Liquid assets include cash or any other types of assets that can…

This article is a section taken from MA for People Who Are Age 65 or Older or People Who Are Blind or Have a Disability (MA-ABD), a part of the revisions and additions to the Minnesota Health Care Program Eligibility Policy Manual. Retirement Funds and Retirement Plans Retirement funds are cash and other assets held by…

This article is a section taken from MA for People Who Are Age 65 or Older or People Who Are Blind or Have a Disability (MA-ABD), a part of the revisions and additions to the Minnesota Health Care Program Eligibility Policy Manual. Homestead Real Property A homestead is any property in which a person or a…

This article is a section taken from Minnesota Health Care Programs (MHCP), a part of the revisions and additions to the Minnesota Health Care Program Eligibility Policy Manual. State Residency for People in an Institution There are specific rules that govern state residency for people who reside in an institution. An institution is an establishment that…

This article is a section taken from Minnesota Health Care Programs (MHCP), a part of the revisions and additions to the Minnesota Health Care Program Eligibility Policy Manual. State Residency for Adoption Assistance and Foster Care People who receive adoption assistance or are in foster care have special rules for determining their state of residency. Adoption…

This article is a section taken from Minnesota Health Care Programs (MHCP), a part of the revisions and additions to the Minnesota Health Care Program Eligibility Policy Manual. State Residency Minnesota Health Care Programs (MHCP) are only available to Minnesota residents. People Age 21 or Older People age 21 or older are a Minnesota resident if…

Non-Financial Eligibility This subsection includes MinnesotaCare non-financial eligibility policies and links to policies that apply to all Minnesota Health Care Programs (MHCP). This covers eligibility requirements not related to a person’s income or assets. MinnesotaCare Citizenship and Lawful Presence MinnesotaCare Incarceration Status MinnesotaCare Insurance Barriers MHCP State Residency MinnesotaCare Social Security Number CREDIT: The content…

This article is a section taken from MinnesotaCare Non-Financial Eligibility a part of the revisions and additions to the Minnesota Health Care Program Eligibility Policy Manual. Insurance Barriers Other Health Coverage Other health coverage may be a barrier to MinnesotaCare eligibility. Access to some types of health coverage is always a barrier, even if the person is…

This article is a section taken from MinnesotaCare Non-Financial Eligibility a part of the revisions and additions to the Minnesota Health Care Program Eligibility Policy Manual. Social Security Number The Department of Human Services (DHS) uses Social Security numbers (SSNs) to identify applicants and enrollees and to administer MinnesotaCare. DHS matches SSNs against records in electronic data…

This article is a section taken from MA for Long-Term Care Services (MA-LTC) a part of the revisions and additions to the Minnesota Health Care Program Eligibility Policy Manual. Transfer Penalty The transfer penalty for uncompensated transfers is a period of ineligibility for Medical Assistance for Long-Term Care Services (MA-LTC). The transfer penalty only applies to people…

This article is a section taken from MA for Long-Term Care Services (MA-LTC) a part of the revisions and additions to the Minnesota Health Care Program Eligibility Policy Manual. Transfer Penalty Exceptions and Hardship Waiver Not all uncompensated transfers result in a transfer penalty. Some uncompensated transfers meet an exception, which means a penalty is not imposed….

This article is a section taken from MA for Long-Term Care Services (MA-LTC) a part of the revisions and additions to the Minnesota Health Care Program Eligibility Policy Manual. Long-Term Care Partnership Insurance The Long Term Care Partnership (LTCP) insurance enables people who buy certain qualified Long-Term Care (LTC) insurance policies to keep more assets if…

This article is a section taken from MA for Long-Term Care Services (MA-LTC) a part of the revisions and additions to the Minnesota Health Care Program Eligibility Policy Manual. Long-Term Care Facility Services A long-term care facility (LTCF) is a place such as a skilled nursing facility, Intermediate Care Facility for the Developmentally Disabled (ICF/DD) or…

This article is a section taken from MA for Long-Term Care Services (MA-LTC) a part of the revisions and additions to the Minnesota Health Care Program Eligibility Policy Manual. Income Calculations for Long-Term Care Services Income Calculations There are two income calculations used to determine what amount, if any, a person must contribute from their income…

This article is a section taken from MA for Long-Term Care Services (MA-LTC) a part of the revisions and additions to the Minnesota Health Care Program Eligibility Policy Manual. Income Calculation Deductions Certain deductions from countable gross income are allowed in the long-term care (LTC) income calculation to determine the amount a person is required to…

This article is a section taken from MA for Families with Children and Adults (MA-FCA), a part of the revisions and additions to the Minnesota Health Care Program Eligibility Policy Manual. Income Limit To be eligible for Medical Assistance for Families with Children and Adults (MA-FCA) a person’s income must be less than or equal to…

This article is a section taken from MA for Long-Term Care Services (MA-LTC) a part of the revisions and additions to the Minnesota Health Care Program Eligibility Policy Manual. Other Asset Transfer Considerations This section describes if a person has received adequate compensation for transfers involving the following types of assets: Annuities Coverdell Education Savings Account Life…

This article is a section taken from MA for Long-Term Care Services (MA-LTC) a part of the revisions and additions to the Minnesota Health Care Program Eligibility Policy Manual. Asset Eligibility for a Long-Term Care Spouse An asset assessment is required to determine asset eligibility when one spouse, referred to as a long-term care (LTC) spouse, requests…

This article is a section taken from MA for Long-Term Care Services (MA-LTC) a part of the revisions and additions to the Minnesota Health Care Program Eligibility Policy Manual. Community Spouse Asset Allowance At the time of a request for Medical Assistance for Long-Term Case Services (MA-LTC), the LTC spouse who has a community spouse must…

This article is a section taken from MA for Long-Term Care Services (MA-LTC) a part of the revisions and additions to the Minnesota Health Care Program Eligibility Policy Manual. Asset Assessment for Planning Purposes An asset assessment is an evaluation of assets owned individually or jointly by a married couple as of a specific date. The couple…